Bushveld Minerals Share Discussion Threads

[psbhoy] 06/1/2019 18:04

I’ll not be betting any of my £500,000+ profits (paper only) on anything except BMN thank you

[pediment] 06/1/2019 17:55

Wasn't replying to you psb but seeing as you replied. Are you entirely unaware of macroeconomic cycles. I'd bet you your BMN profits you weren't around trading pre-2009. Bull market is finished m8, the days of shooting fish in barrels is disappearing over the horizon.

[psbhoy] 06/1/2019 17:49

5 years of following said clique has led myself and many others to invest in one of the most exciting shares in the last decade. Some people will always refuse to believe what they see, but the facts speak for themselves.

Many doubters have come along over the last 5 years from the 2-4p days, through the 10-12p days and upwards but the fundamentals of BMN have improved leaps and bounds over that time, with BE (Energy) more lately coming to the fore, and to date still having no value built into the share price

Like all new technology, VRFBs will have some teething troubles when scaled up the way that BE and Eskom etc are doing, BUT when all is ironed out, this will provide a huge revenue stream that may even outstrip the income from V in steel production.

Keep your head buried in the sand, ignore the potential, or don't, I really don't care. I and many others have been through all the ups and downs from 2p onwards, and I am sure there will be some more, as that is reality, however as long as the fundamentals shine through, the ups will far outweigh the downs.

[pediment] 06/1/2019 17:35

I'm aware of their clique, one or two of them are well informed albeit it's easy to shout buy at 50.00 to the morons when you're sitting on large paper profits. Even better when you sell into it eh, nutter

This is, by no means a bad company, and I'd imagine holding long term will give a better yield than most, even from here.

I'd like to see a fcf sensitivity analysis to the V price, believe it may not be too brutal given the decent grades/production costs but the fact remains atm revenue generation is based on that alone.

But, here's the thing, the bear market is just getting going and construction/steel production is going to get humped in the next 18mths and shares like this with a high PI following will defy gravity for a while but eventually they will go too so as the February and December shot across the bows has smashed 30%+ off the obvious shorts those that held up a little begin to be looked at for their potential.

Even reading the LSE board (I haven't recently), feel like a shower/decontamination is required afterwards.

[sherlock2020] 06/1/2019 16:50

pediment you really need to see the news that is described on the LSE website, you won't hear about it from the ill-researched lot on here.

[pediment] 06/1/2019 15:54

Not short..... but no news, one more boiler room pump to 48 and a continued cratering of the V price and it looks attractive short term.

[psbhoy] 06/1/2019 15:40

"Rebar, old news"......new regulations set to be applied more rigorously in China, meaning more Vanadium and combined with demand for VRFB in future....not enough to go around. Supply and demand...plain and simple. The journey has only just begun. Look at comments and suggested volumes of investment around the world over the last few months by governments etc about energy storage. Ignore this at your pearl.

Anyway I think I'll get reading the comments on LSE as they seem to have a greater degree of knowledge that a lot of ill informed agenda driven folk on here.

Good luck with your shorts...burnt pockets coming your way soon

[nvhltd] 06/1/2019 15:37

Spbhoy: No problem with the article you posted. We’ve been told thousands of times about the global shortages which is great for the mining side of BMN particularly if the price stabilises about $100.

I think we need to focus on BMN and get our house in order. If we can do that everything positive will hopefully fall into place.

My issue as an investor is the ever growing list of missed deadlines and radio silence from the BoD. It doesn’t help sentiment and encourages short sellers. The BoD are the only people on the planet who know the true picture with BMN and BE.

I’m not saying this is not a good company or investment, but BE has been in existence for almost 3 years and we’re still no clearer as to their business model. Shareholders were so excited at the end of last year expecting clarity of the BE business model, but in the end the can was kicked down the road.

Something’s not right with BE, the delays, timings of the ESKOM test program and tender deadlines. We’re either screwed or we are going to benefit from a dodgy tendering process.

[pediment] 06/1/2019 15:24

Rebar, old news. Classic supply and demand model will out so the tech side had better take up the slack or the valuation looks stretched.

[seanywauny] 06/1/2019 15:20

TL;DRIn other news: BMN 1 quid base floor price coming soon.

[psbhoy] 06/1/2019 15:16

More recent commentary about why Vanadium is a great play and clearly why BMN is worth looking at. Unless of course you simply cannot accept the obvious. Not sure about getting it right once Im"pediment"...I got it right once and then again and again and again each and every time i've added

The new Gold Rush
BY BEN KRITZ, TMT
JANUARY 06, 2019

Vanadium: Vanadium had a big year in 2018, because an oversupply that was created a few years earlier finally ran out. In fact, vanadium producers were caught by surprise to some extent by how fast supplies went from a surplus to a serious deficit, with prices for the metal subsequently skyrocketing.
All things being equal, that situation would stabilize within a few months, but there are two new factors that are going to add pressure to the vanadium market. The biggest is the coming into force this past November of new Chinese standards for steel reinforcing bars, which require vanadium as a strengthener. Second, vanadium is a key component for the next generation of large-scale energy storage systems called the vanadium redox flow battery. These systems help extend the capabilities of variable energy sources like wind and solar, making it possible to use them as more than intermittent, supplementary power sources.

[nvhltd] 06/1/2019 14:42

It’s Jan 7th tomorrow. I fully expect an RNS tomorrow regarding confirmation that our overdue VRFB is fully commissioned. I’d also expect a full explanation of the 18 months test program, because based on what we’ve been told the delays could have serious consequences for BE’s ability to tender or win any of ESKOM’s energy Storage contract. That is unless the corruption in South African will benefit us?

Eskom and BE have stated the VRFB will be under test for 18 months. We know there are other technologies under test and other storage technologies already out in the real world. So if our VRFB is a ‘real’ test and a decision can not be made for 18 months how can we expect to win a contract by June? The timing doesn’t work. Not unless the test is a sham and a decision to use our VRFB has already been taken? There’s also other companies with real world VRFBs out in the field such as Redt.

Also we won’t have the electrolyte plant up and running in time or anywhere near enough production of vanadium to satisfy the steel market and storage markets by the end of the year.

Somethings not right here. The market is either corrupt to allow us to be chosen despite all the problems, delays, other players, technologies and production questions or the delays are going to have serious consequences for BE to be the preferred supplier. It’s about time we were told the truth.

As an aside there was an interesting article on shorting company shares in the Mail on Sunday and particularly in 2019. At the end of the day the BoD will be responsible if Shorters feel there is an opportunity to make money ou of BMN. They can’t keep promising and not delivering. At some point someone will look at the rapid rise of the sp, see a BoD failing or kicking the can down the road and decide to short the share.

[nvhltd] 06/1/2019 14:17

Blue on blue attacks on LSE. Pdub being his pompous best. Knuttie totally unable to be civil. Even Scanchez having a pop.

Whatever happened to the 30p party that was being trumpeted for 12 months? I was looking forward to all the after party stories and fights. Or did they mean we’ll have the party when the share price drops to 30p? Anyway, best hurry otherwise it will be a wake 🥳

[dontay] 06/1/2019 09:51

The answer is to click "ignore user" then you won't see any of the trolls hoof prints or droppings when it crawls out from under its bridge. Every response it gets is something it can feed on. Starve it and it naturally dies off.

[nvhltd] 05/1/2019 22:10

So you tell everyone else to buy and hold despite the failures of the board to deliver last year while you trade away merrily. No complaints from me on that score. Just a bit hypocritical of you.

[nvhltd] 05/1/2019 22:07

Hi ya Knuttie, thanks for the kind words. I noticed you have been on the attack on LSE again. You can’t help yourself. Take a chill pill. Your going to need your energy for the road ahead. The way you’re going you’re going to be the richest man in the grave yard. Now that would be Karma 😂

[dmitribollokov] 05/1/2019 22:00

“Brothers and sisters, why are we fighting?”

This is like the advfn altamont.

[nvhltd] 05/1/2019 21:18

Knuttie: why don’t you and Richken give us all a break from bleating on about your problems. It’s a share chat bb, not the Samaritans!

As for Roscon and other NHS employees. Just remember who pays your wages. It’s your career choice and no more noble than anyone else that has a job. Get over yourselves.

Several more posts from Knuttie tonight on LSE. Standard fare from him. One angry individual. Try talking. Open your eyes and ears to other opinions.

[nvhltd] 05/1/2019 16:43

Hi Knuttie,

Here’s your advice to investors on LSE this morning. Trouble is you sold 100,000 shares yesterday. Don’t you see the hypocrisy of what you say against what you do. You said you needed the money to buy a car in June. That’s a little short sighted don’t you think given your last sentence below.

“The decision is easy, hang on to the shares if your company can pay the tax in the short term. I would not want to sell now. Who knows though what the share price will be by the end of March”.